Item 8.01. Other Events.
On April 1, 2009, Terex issued a press release announcing that it has agreed on
a term sheet to acquire the port equipment businesses of Fantuzzi Industries and
Noell Crane for net consideration of approximately €175 million. Terex initially
announced the acquisition of the Fantuzzi and Noell businesses in August of 2008
for total consideration of approximately €215 million and subsequently announced
in December of 2008 that it had terminated the acquisition due to the existence
of a material adverse change in the Fantuzzi business.
A copy of this press release is included as Exhibit 99.1 to this Form 8-K.
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